Documents & Reports

Moldova - Country partnership strategy for the period FY14-17 : summary of discussion (English)

Abstract

European integration anchors the Government of Moldova's policy reform agenda but tensions between the majority coalition and the opposition, and within the majority, had slowed reforms. Moldova's economy has recovered from the global financial crisis... See More +European integration anchors the Government of Moldova's policy reform agenda but tensions between the majority coalition and the opposition, and within the majority, had slowed reforms. Moldova's economy has recovered from the global financial crisis of 2008-09, but growth halted in 2012. Despite a sharp decline in poverty in the 2000s, Moldova remains one of the poorest countries in Europe. Recent growth performance has promoted shared prosperity and reduced poverty. Moldova has made significant strides in its economic and political transition, but much remains to be done. Moldova's National Development Strategy (NDS) Moldova 2020 sets seven strategic priorities. This strategy will support Moldova to boost shared prosperity and reduce poverty by capturing the full benefits of openness and integrating with the EU and the global economy. Other measures to reduce implementation risks could include emphasizing the need for improved public financial management and assisting with implementing procurement reforms; engaging in areas where results have been already attained; and implementing public administration reforms emphasizing accountability and capacity building. Additional measures include assisting with building resilience to climate impact and taking advantage of flexible financing instruments when disasters strike.
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